Central govt allows FDI in retail trading -A correct move or not?

The Manmohan govt has declared that ti has decided to allow 100% FDI in retail trade..this is welcomed by Walmart and its like concerns ..Govt has told that tit will create jobs to crore and useful to farmers.But all parties including cong party's allies DMK and TMC are opposing this move .Left parties declared a war against this .they the experiences in many countries proves that the versions of govt is false.They will ruin 4 crores traders and farmers also ..They with their huge money will make advance booking of all agricultural productions and make a artificial scarcity ..then they will fix high price and people will have no other go to buy things with high price..simple traders cod not compete with these multi national companies..East Indian Company was driven away from our country by our forefathers but our rulers call them to come and rule our country..people are patriotic and will oppose this move to defeat their tactics..we should join with the struggling people. The traders in Tamil nadu also joins with the national level organisations to oppose this move.

The move of FDI in local retail trading will affect our local retail traders. Our local retail traders could not be competitor to the foreign investors. So, The government will once again think about this bill movement in the parliament.

The FDI can be allowed in some limited huge investment sector trading in India with some rules and conditions. Then only we can save our local trades from the foreign investors. otherwise, we will loose our rights and respects and we have to face some financial problems also.

The move of FDI in local retail trading may affect the local retailers.I hope the same happened with cool drinks like Pepsy and Co Co cola and other cool drinks. but we can not deny that there are some good features in that also. The Shop and Farmer direct link makes the farmer to earn more. So far the cultivating people get only on third of the total cost of their production. This can be changed with this newmethod. The cultivators will get 50 % of cost from what they produce. And also the price of the product will certainly come down for the consumers.

It is true that the local retailor shops can not compete to the foreign companies. so certatin rules and regulations to be made to allow the foreign investment in a proper order in our country. By doing so we can save the local retailors.Defeat the defeat, before the defeat defeats you

Regards Jerold

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